SolGold provides exploration update on Porvernir project

SolGold provides an update on the exploration of the Porvenir Project, held through its Ecuadorean subsidiary, Green Rock Resources S.A. The Porvenir Project is located within the south-eastern portion of the Eastern Cordillera of Ecuador, approximately 70km south of the regional centre of Loja. The Project sits within the northerly-trending, Jurassic metallogenic belt of the northern Andes, which hosts significant economic gold and copper mines at Fruta del Norte and Mirador, and large Cu-Au resources at Mirador Norte, Warintza, San Carlos, Panantza. SolGold Geology Manager, Mr. Santiago Vaca, commented on today’s exploration update: “Drilling completed in the Cacharposa deposit indicates a pit constrained mineral resource, which is still open. The successful exploration performed at Cacharposa allows us to enhance our understanding on the geology and mineralization controls in the area, building our confidence in the potential to keep growing the resource with additional drilling, and to validate the high-quality of the other Cu-Au porphyry targets found within the Porvenir project”.